Malaysia legislation

Section 12

of Act 627

Section 12

Where a person becomes disqualified under subsection 9(1) or 10(1) after his appointment—

(a)

he shall immediately cease to hold office; and

(b)

the operator of the designated payment system shall immediately terminate his appointment, and that person, notwithstanding any contract of service, shall not be entitled to claim any compensation for his loss of office or termination of appointment.

Governance arrangements